MILAN — Versace has “huge potential” and global brand awareness, according to Lorenzo Bertelli, head of CSR at Prada Group. For this reason, the acquisition “is super important to really reach new ...
Gianni Versace was heralded as a genius for his eponymous Versace fashion house. His siblings, Donatella and Santo, and niece, Allegra, took over the brand after his murder in 1997. Donatella served ...
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Prada Officially Acquires Versace In A $1.4 Billion Deal: What This Means For Luxury Fashion’s Future
The fashion world felt a seismic shift this week as the Prada Group officially completed its long-anticipated acquisition of Versace in a deal valued at €1.25 billion (nearly $1.4 billion). Two of ...
ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names ...
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What will Prada do with Versace?
When Prada announced its acquisition of Versace, the fashion world did what it always does when giants collide: speculate, panic and meme. But beneath the noise sits a serious question – what happens ...
Donatella Versace is stepping down as creative director of Versace after 28 years. Dario Vitale, the former design director of Miu Miu, is set to take over her role in April. Versace has faced ...
During her tenure as Versace’s creative director, Donatella led her family’s brand with bravado and flair. The designer’s collections frequently embraced her brother’s fashion legacy, as well as ...
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